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General Growth Stock To Go Ex-dividend Tomorrow (GGP)

The ex-dividend date for General Growth Properties (NYSE:GGP) is tomorrow, April 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $20.95 as of 9:35 a.m., the dividend yield is 2.3%.

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for General Growth Properties (NYSE: GGP) is tomorrow, April 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $20.95 as of 9:35 a.m. ET, the dividend yield is 2.3%.

The average volume for General Growth has been 4.2 million shares per day over the past 30 days. General Growth has a market cap of $19.43 billion and is part of the financial sector and real estate industry. Shares are up 5% year to date as of the close of trading on Wednesday.

General Growth Properties, Inc. operates as a real estate investment trust in the United States. It operates in two segments, Retail and Other, and Master Planned Communities.

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TheStreet Ratings rates General Growth as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and revenue growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full General Growth Ratings Report.